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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: y2kate who wrote (53434)12/10/1999 12:17:00 PM
From: Kayaker  Respond to of 152472
 
Any comments welcome- do I need a different options account?

Kate, hard to say without looking up the trades (calls, prices and exact time of trades). FWIW, I would never buy/sell options with a market order.



To: y2kate who wrote (53434)12/10/1999 12:20:00 PM
From: r.edwards  Read Replies (1) | Respond to of 152472
 
Its a bitch when you get screwed and don't even get to feel it.<g>
Kick back, drink some egg nog, and get ready to party, the Qrocket is taking on more fuel before the next ride!!!
jmho.



To: y2kate who wrote (53434)12/10/1999 12:25:00 PM
From: SpudFarmer  Read Replies (1) | Respond to of 152472
 
y2kate: Good morning to you too. Rainy where I am. Sorry to hear that whoever is executing your trades seems to have problems. It is very frustrating sometimes. Now you know why there are pages of disclaimers associated with RT Q-uotes.

I still think the camera would be better! Beats WWF! With one eye on the screen, one on CNBC, and two eyes on researching who will be the next killers in the year to come, I have some lingering Q-uestions with Q and market. It pays to have spud eyes. (Next post)

Hang in there. Some will probably say, never place market orders. Who is filling these? Place a call and plead your case. It may save some $$$$$.

Q rocks, just when?????



To: y2kate who wrote (53434)12/10/1999 2:40:00 PM
From: codawg  Read Replies (1) | Respond to of 152472
 
Unfortunately, this is standard stuff - especially if the option is thinly traded. There's usually no one else out there to take your limit offer at just over the bid price, and the MM will wait for you to come to him. Unless there's a third party out there willing to match your order, the MM is in control.

What really chaps me is when you put in a market order expecting to take the ask, and the MM moves the ask UP while the underlying stock doesn't move. Then he moves it back down to attract fresh suckers. Been trading options for awhile and I've seen it many times. Changing brokers probably won't help unless there's a problem getting the order to the MM. Good luck.